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Why Faster Payments Isn’t The Answer To Accounts Receivable Delays

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is a lack of remittance data, he said. Payments data is often sent separately from the funds, so even if a company receives a payment same day or in real time, information about who sent that payment, and why, still comes on a delay. where he doesn’t see the same type of regulatory pressure on late payers that the U.K.

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The Architecture Of Accounts Receivable

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“We see supplier-customer portfolios with credit limits that are five to 10 times higher than they should be,” he said. Many sellers have a broken internal process to increase a credit line , so they set that limit as high as possible, so they don’t have to revisit the account later.”. The Outsourcing Decision.

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The Commercial Card Embraces A Season Of (Major) Change

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Mastercard in May launched its Track Business Payment Service , again with a focus on working capital optimization for both buyers and suppliers and added value through enhanced remittance data collection and automation. Summer Trips: Canceled.